Crypto fraud exploded in 2024 — $9.3B lost, up 66% from 2023. The FBI’s latest data shows a crisis regulators and exchanges can’t afford to ignore.
Investigation
Laundering Speed: Lessons from 255 Hacks for VASPs
The conversation around a crypto hack usually stops at the exploit. Headlines focus on the biggest crypto hack, a new crypto exchange hack, or the latest wave of crypto phishing and broader cybercrime activity. However, for compliance teams, the real risk begins after the breach — when stolen funds start moving.
Read more
Discover how Grinex, the successor to Garantex, facilitated nearly $1B in USDT flows across global exchanges.
Get all the answers: learn who got hit hardest, what the leading attack method was, how funds were cleaned, and how much was recovered.
Garantex reemerges as Grinex, burning and reissuing assets to hide its tracks while transferring user balances. Learn how.
Hamas-related wallets received 160M USDT before sanctions. See how this created hidden exposure across top exchanges and serious compliance risk.
Discover a novel scheme to launder Tether on Tron through mining. Learn how this method works and its impact on crypto.
Learn how scammers made $857M+, never buying $TRUMP but exploiting the hype around it.
Tornado Cash got ~$1.6B in 2024. Over 60% of sources of these funds are high-risk. More than 56% come from hacks.
Discover how a Tron phishing scheme deceived victims, scaling over $770,000. Learn the tactics behind the scam and its impact on users.